Three weeks ago it was a hot rumor. Now it's a fact. NBC announced that Kathie Lee Gifford will co-host the fourth hour of Today beginning Monday, April 7th. She'll be teaming up with Hoda Kotb for an hour of chit-chat, info, interviews and what have you. I doubt she'll be singing, but then again, if Kathie Lee can cajole them into rolling a piano onto the set, watch out.

"I am truly honored to join the Today show family, many of whom have been friends and colleagues of mine for years," said Kathie Lee via release. "And I'm especially looking forward to working with Hoda, a bright and beautiful woman I admire very much. Together I hope we will bring a fresh and fun perspective to the topics that affect all of our daily lives."